IRS warning: Filing this claim could cost you $5,000 in fines, jail time
Claims and filings that are determined to be frivolous can result in penalties of $5,000 for each copy that claims an ...
mlive2d
IRS warns of social media ‘tax advice’ that can lead to jail time, $5,000 fine
The "advice" calls for taxpayers to claim large income and withholding amounts in order to receive a larger tax refund.
Austin American-Statesman10d
Did you receive a 1099-K tax form? Here's how it affects your tax return
Don't panic. Here's what you need to know about this tax from. The IRS said the 1099-K form is a report of payments you received for goods or services during the year if you made any money or ...
The Spokesman-Review13d
1099-K tax rules: What you need to know if you get paid via Venmo, Cash App or PayPal
If you sell goods or services or rent property, and get paid through Venmo, PayPal, Cash App or another payment app, you may have been surprised by a Form 1099-K this year. Here’s why you might ...